Civic Intelligence

Basinmdcom

990EZ • Fiscal year 2022 • EIN 83-2581336

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 11, 2023

Organization ProfileWWW.BASINMD.COM
400 Rosalind Redfern Grove ParkwayMidland, TX 79701

(432) 221-1111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

10.06x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

48.99x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-1077%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-55%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$104,172

Up $18,805 (+22%) from 2021

Net Assets

Down

-$943,675

Down $230,476 (-32%) from 2021

Liabilities

Up

$1,047,847

Up $249,281 (+31%) from 2021

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Down

$21,390

Down $25,742 (-55%) from 2021

Expenses

Up

$251,866

Up $4,447 (+1.8%) from 2021

Net Income

Down

-$230,476

Down $30,189 (-15%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2020: $56,889Liabilities 2020: $569,801Net Assets 2020: -$512,9122020Assets 2021: $85,367Liabilities 2021: $798,566Net Assets 2021: -$713,1992021Assets 2022: $104,172Liabilities 2022: $1,047,847Net Assets 2022: -$943,6752022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$104,172
Liabilities$1,047,847
Net Assets-$943,675
Open 2022 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2020: $97,132Expenses 2020: $289,626Net Income 2020: -$192,4942020Revenue 2021: $47,132Expenses 2021: $247,419Net Income 2021: -$200,2872021Revenue 2022: $21,390Expenses 2022: $251,866Net Income 2022: -$230,4762022Revenue 2023: $5,152Expenses 2023: $93,078Net Income 2023: -$87,9262023

Highlighted filing

2022

Revenue$21,390
Expenses$251,866
Net Income-$230,476
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Gross Receipts
$21,390
Mission and Program Overview

Mission

Supporting of medical education and medical schools through grants and scholarships.the improving and developing of the abilities of individuals and institutions studying, teaching and practicing medicine; the delivery of healthcare to the public; the engaging in the instruction of the general public in the area of medical science, public health and hygiene and related instruction useful to the individual and beneficial to the community.

Program Services

DescriptionGrantsExpenses
THE SUPPORTING OF MEDICAL EDUCATION AND MEDICAL SCHOOLS THROUGH GRANTS AND SCHOLARSHIPS.$0$0
THE IMPROVING AND DEVELOPING OF THE ABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING AND PRACTICING MEDICINE, THE DELIVERY OF HEALTH CARE TO THE PUBLIC.$0$0
THE ENGAGING IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH AND HYGIENE AND RELATED INSTRUCTION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY$0$0
DURING THE 2020 COVID-19 PANDEMIC, 119 COMMUNITY PROVIDERS WERE ADDED TO THE BASIN MD PLATFORM AND APP TO PROVIDE MEDICAL SERVICES TO COMMUNITY. IN ADDITION, DISCOUNTED CARE VISITS WERE PROVIDED TO THE COMMUNITY TO PREVENT OVERFLOW IN MIDLAND COUNTY HOSPITAL DISTRICT EMERGENCY VISIT.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAWRENCE WILSON MDPresidentPT$0--
MARIA MONTERODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Basinmdcom
EIN
83-2581336
Phone
4322211111
Address
400 ROSALIND REDFERN GROVE PARKWAY, MIDLAND, TX 79701

Signing Officer

Name
Lawrence Wilson
Title
President
Phone
4322211111
Signed
2023-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Sara Burkhart
Phone
9724901970
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: telehealth other income. Amount: 21,390.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: purchase services. Amount: 237,866.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to midland county hospital district. Beg. Of year amount: 798,566. End of year amount: 1,047,847.”

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0REBBECCA RICHEY
IRS990EZ/BooksInCareOfDetail/PhoneNum04322211645
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 ROSALIND REDFERN GROVER PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt085367
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0104172
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-230476
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt085367
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0104172
IRS990EZ/GrossReceiptsAmt021390
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-713199
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-943675
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-713199
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-943675
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAWRENCE WILSON MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIA MONTERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0237866
IRS990EZ/OtherRevenueTotalAmt021390
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORTING OF MEDICAL EDUCATION AND MEDICAL SCHOOLS THROUGH GRANTS AND SCHOLARSHIPS.THE IMPROVING AND DEVELOPING OF THE ABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING AND PRACTICING MEDICINE; THE DELIVERY OF HEALTHCARE TO THE PUBLIC; THE ENGAGING IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH AND HYGIENE AND RELATED INSTRUCTION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SUPPORTING OF MEDICAL EDUCATION AND MEDICAL SCHOOLS THROUGH GRANTS AND SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE IMPROVING AND DEVELOPING OF THE ABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING AND PRACTICING MEDICINE, THE DELIVERY OF HEALTH CARE TO THE PUBLIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE ENGAGING IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH AND HYGIENE AND RELATED INSTRUCTION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3DURING THE 2020 COVID-19 PANDEMIC, 119 COMMUNITY PROVIDERS WERE ADDED TO THE BASIN MD PLATFORM AND APP TO PROVIDE MEDICAL SERVICES TO COMMUNITY. IN ADDITION, DISCOUNTED CARE VISITS WERE PROVIDED TO THE COMMUNITY TO PREVENT OVERFLOW IN MIDLAND COUNTY HOSPITAL DISTRICT EMERGENCY VISIT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt30
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt30
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt014000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0798566
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01047847
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0251866
IRS990EZ/TotalRevenueAmt021390
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BASINMD.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt050000
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt021390
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt047132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt047132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017738
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0133392
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0133392
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt021390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt047132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt097132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017738
IRS990ScheduleA/Total509Grp/TotalAmt0183392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt047132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt097132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt017738
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0183392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TELEHEALTH OTHER INCOME. AMOUNT: 21,390.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PURCHASE SERVICES. AMOUNT: 237,866.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO MIDLAND COUNTY HOSPITAL DISTRICT. BEG. OF YEAR AMOUNT: 798,566. END OF YEAR AMOUNT: 1,047,847.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAWRENCE WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04322211111
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BASINMDCOM
ReturnHeader/Filer/BusinessNameControlTxt0BASI
ReturnHeader/Filer/EIN0832581336
ReturnHeader/Filer/PhoneNum04322211111
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 ROSALIND REDFERN GROVE PARKWAY
ReturnHeader/Filer/USAddress/CityNm0MIDLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 N FIELD ST STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075201
ReturnHeader/PreparerPersonGrp/PhoneNum09724901970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA BURKHART
ReturnHeader/ReturnTs02023-11-13T13:45:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAWRENCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,172
Liabilities
$1,047,847
Net assets
-$943,675
Revenue
$21,390
Expenses
$251,866
Net income
-$230,476
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.09$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.10$1.05$0.94$0.02$0.25$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.80$0.71$0.05$0.25$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.57$0.51$0.10$0.29$0.19